10-Q Filing

AVALON HOLDINGS CORP CIK: 1061069 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-010785`
Period End Date	20200331
Filing Date	20200514
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	awx-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 26 Cash Flow Statement 70 Stockholders Equity 12

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$255.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$275.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$262.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$277.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $277 at March 31, 2020 and $275 at December 31, 2019	`AccountsReceivableNetCurrent`	$10.98M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $277 at March 31, 2020 and $275 at December 31, 2019	`AccountsReceivableNetCurrent`	$12.01M	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$813.00K	USD	Point-in-time
Unbilled membership dues receivable	`ContractWithCustomerAssetNetCurrent`	$602.00K	USD	Point-in-time
Inventories	`InventoryNet`	$813.00K	USD	Point-in-time
Inventories	`InventoryNet`	$1.05M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$860.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$725.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$15.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$15.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.74M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$48.98M	USD	Point-in-time
Property and equipment under finance leases, net	`FinanceLeaseRightOfUseAsset`	$5.80M	USD	Point-in-time
Property and equipment under finance leases, net	`FinanceLeaseRightOfUseAsset`	$5.88M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.47M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.40M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$5.52M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$7.18M	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredIncomeTaxAssetsNet`	$8.00K	USD	Point-in-time
Noncurrent deferred tax asset	`DeferredIncomeTaxAssetsNet`	$8.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$39.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$39.00K	USD	Point-in-time
Total assets	`Assets`	$79.16M	USD	Point-in-time
Total assets	`Assets`	$77.68M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.01M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.03M	USD	Point-in-time
Current portion of obligations under finance leases	`FinanceLeaseLiabilityCurrent`	$297.00K	USD	Point-in-time
Current portion of obligations under finance leases	`FinanceLeaseLiabilityCurrent`	$295.00K	USD	Point-in-time
Current portion of obligations under operating leases	`OperatingLeaseLiabilityCurrent`	$513.00K	USD	Point-in-time
Current portion of obligations under operating leases	`OperatingLeaseLiabilityCurrent`	$473.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.41M	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$961.00K	USD	Point-in-time
Accrued payroll and other compensation	`EmployeeRelatedLiabilitiesCurrent`	$1.03M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$93.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$72.00K	USD	Point-in-time
Other accrued taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$434.00K	USD	Point-in-time
Other accrued taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$405.00K	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$4.02M	USD	Point-in-time
Deferred membership dues revenue	`ContractWithCustomerLiabilityCurrent`	$3.15M	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$839.00K	USD	Point-in-time
Other liabilities and accrued expenses	`OtherLiabilitiesCurrent`	$896.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.63M	USD	Point-in-time
Long-term debt, net of current portion	`SecuredLongTermDebt`	$21.31M	USD	Point-in-time
Long-term debt, net of current portion	`SecuredLongTermDebt`	$21.57M	USD	Point-in-time
Obligations under finance leases, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$555.00K	USD	Point-in-time
Obligations under finance leases, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$576.00K	USD	Point-in-time
Obligations under operating leases, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$953.00K	USD	Point-in-time
Obligations under operating leases, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$926.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.15M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$59.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.97M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.16M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$37.03M	USD	Point-in-time
Total Avalon Holdings Corporation Shareholders' Equity	`StockholdersEquity`	$36.22M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$-83.00K	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$-66.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.13M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.96M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.49M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.84M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$77.68M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$79.16M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.61M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.40M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$699.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$600.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.23M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.23M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-518.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-557.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$307.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$163.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$68.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$78.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-786.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-613.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$44.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-830.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-653.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	1 Quarter
Less net loss attributable to non-controlling interest in subsidiary	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-638.00K	USD	1 Quarter
Net loss attributable to Avalon Holdings Corporation common shareholders	`NetIncomeLoss`	$-813.00K	USD	1 Quarter
Basic and diluted net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	1 Quarter
Basic and diluted net loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	1 Quarter
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.88M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.88M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-830.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-653.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$699.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$600.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$6.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$10.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$1.00K	USD	1 Quarter
Compensation costs - stock options	`ShareBasedCompensation`	$1.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$5.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$9.00K	USD	1 Quarter
Loss from disposal of equipment	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Loss from disposal of equipment	`GainLossOnDispositionOfAssets1`	$-3.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.03M	USD	1 Quarter
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$211.00K	USD	1 Quarter
Unbilled membership dues receivable	`IncreaseDecreaseInContractWithCustomerAsset`	$118.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$99.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$236.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$25.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$135.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.10M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.68M	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-48.00K	USD	1 Quarter
Accrued payroll and other compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$74.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-21.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-29.00K	USD	1 Quarter
Other accrued taxes	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-99.00K	USD	1 Quarter
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$865.00K	USD	1 Quarter
Deferred membership dues revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$417.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$57.00K	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-9.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-400.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-129.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$977.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$369.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-977.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-369.00K	USD	1 Quarter
Proceeds under term loan facility	`ProceedsFromIssuanceOfSecuredDebt`	$3.00M	USD	1 Quarter
Proceeds under term loan facility	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$42.00K	USD	1 Quarter
Principal payments on term loan facilities	`RepaymentsOfLongTermDebt`	$146.00K	USD	1 Quarter
Principal payments on term loan facilities	`RepaymentsOfLongTermDebt`	$259.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$9.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$24.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.80M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-283.00K	USD	1 Quarter
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.31M	USD	1 Quarter
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.66M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.63M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$924.00K	USD	1 Quarter
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$367.00K	USD	1 Quarter
Operating lease right-of-use assets in exchange for lease obligaitons	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.68M	USD	1 Quarter
Operating lease right-of-use assets in exchange for lease obligaitons	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	1 Quarter
Finance lease obligations incurred	`CapitalLeaseObligationsIncurred`	-	USD	1 Quarter
Finance lease obligations incurred	`CapitalLeaseObligationsIncurred`	$47.00K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$294.00K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$153.00K	USD	1 Quarter
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$43.00K	USD	1 Quarter
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$65.00K	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.13M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.49M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.84M	USD	Point-in-time
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.00K	USD	1 Quarter
Stock options - compensation costs	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-830.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-653.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.13M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.49M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.84M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.